SHANDONG DAYE: The product gross profit margin is relatively low, and the company's profitability is relatively limited
On the evening of February 27th, SHANDONG DAYE issued a stock trading risk warning announcement. In recent years, due to intensified competition in the rubber skeleton material industry, the company's product prices have declined, coupled with rising shipping costs and other factors, resulting in a low gross profit margin for the company. The gross profit margin for products was 7.95% in 2021, 1.76% in 2022, and 8.31% in 2023, indicating that the company's profitability is relatively limited
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